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Media executive Lachlan Murdoch has paid $29 million for a large equestrian property in Aspen.
The Colorado home was first listed for $49 million in 2015, and the price dropped to $44 million in June.
The 46-year-old son of media mogul Rupert Murdoch, Lachlan Murdoch is co-chairman of News Corp., which owns Dow Jones & Co., publisher…